Why environmental regulation may lead to no-regret pollution abatement?
AbstractEmpirical evidence support the existence of pollution abatement possibilities at negative costs, the so-called 'no-regret options'. We provide a microeconomic rationale for the existence of such potential at the firm's level under environmental regulation. An econometric application confirms that marginal pollution abatement cost curves with no-regret options are compatible with a standard production function, as stated in our theoretical model.
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Bibliographic InfoPaper provided by University of Paris West - Nanterre la Défense, EconomiX in its series EconomiX Working Papers with number 2006-12.
Length: 20 pages
Date of creation: 2006
Date of revision:
No-regret options; pollution; regulation;
Find related papers by JEL classification:
- D20 - Microeconomics - - Production and Organizations - - - General
- Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-AGR-2007-02-17 (Agricultural Economics)
- NEP-ALL-2007-02-17 (All new papers)
- NEP-ENE-2007-02-17 (Energy Economics)
- NEP-ENV-2007-02-17 (Environmental Economics)
- NEP-REG-2007-02-17 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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